Sept 28 : Chinese electric vehicle maker NIO said on Monday it had signed a broad deal with Zhejiang Geely Holding Group on their battery-swapping and charging businesses.• Under the deal, Geely Holding Group will acquire a 30 per cent stake in NIO Power, NIO's battery-swapping and charging unit. For the pu

Sept 28 : Chinese electric vehicle maker NIO said on Monday it entered into definitive agreements with subsidiaries of Zhejiang Geely Holding Group in connection with a transaction involving their battery-swapping and charging businesses.Under the deal, a Geely subsidiary will invest 640 million yuan in cash